Study Shows Electric Vehicles Could Be Charged on ohe Go Via Peer-To-Peer System
Every day, Americans see more battery-electric vehicles (BEVs) on the road. According to Fortune Business Insights, the market for electric vehicles in the U.S. is expected to grow from $28.24 billion in 2021 to $137.43 billion in 2028. The reasons for the switch from internal-combustion-engine vehicles to BEVs are compelling: EVs are cleaner for the environment, cheaper to operate and offer the chance to breeze by gas stations currently selling fuel at $5 per gallon nationally.
However, one drawback has made some consumers wary of purchasing a BEV — limited range. Unlike those plentiful gas stations, charging stations for EVs still can be few and far in between, and recharging a BEV’s lithium-ion battery might take hours, making EVs impractical for some long-range road trips.